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Ex-Hengfeng Bank chairman sentenced to death with 2-year reprieve

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Published Thu, Dec 26, 2019 · 08:23 AM

[BEIJING] The former chairman of China's troubled Hengfeng Bank, Jiang Xiyun, was sentenced to death with two-year reprieve for graft, the local court said on Thursday.

The Shandong-based bank is in the midst of a restructuring led by the authorities.

REUTERS

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